Bitcoin trades above $106,000; Ethereum and Altcoins see mixed moves
As of 11:17 am IST, the world's largest cryptocurrency was up 1% at $106,345, while
Ethereum
rose 0.6% to $2,435. The overall crypto market gained 0.6%, reaching a market capitalisation of $3.27 trillion, according to CoinMarketCap.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Elegant New Scooters For Seniors In 2024: The Prices May Surprise You
Mobility Scooter | Search Ads
Learn More
Undo
Among major altcoins, BNB, Solana, Tron, and Chainlink posted gains of up to 1%. However, others like XRP, Cardano, Sui, Stellar, Avalanche, Toncoin, and Shiba Inu fell as much as 3%, indicating selective investor optimism across the broader market.
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
default
, selected
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
Crypto Tracker
TOP COIN SETS
NFT & Metaverse Tracker
1.47%
Buy
AI Tracker
0.83%
Buy
Crypto Blue Chip - 5
0.81%
Buy
DeFi Tracker
-0.23%
Buy
Web3 Tracker
-1.55%
Buy
TOP COINS
(₹)
Bitcoin
9,140,079 (
0.43%
)
Buy
Ethereum
209,768 (
0.4%
)
Buy
BNB
55,386 (
0.18%
)
Buy
Solana
12,559 (
-0.22%
)
Buy
XRP
187 (
-1.15%
)
Buy
Shivam Thakral, CEO of BuyUcoin, attributed Bitcoin's recent rally to improved geopolitical conditions. 'Bitcoin has seen a sharp rally following the announcement of a ceasefire between Iran and Israel, recovering from a recent dip amid heightened geopolitical tensions,' he said. 'The crypto is stabilising between $104,800 and $106,700.'
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View
Details
»
He also noted the influence of U.S. Federal Reserve policy. 'The Fed chief has reiterated a commitment to tackle inflation and is not in a hurry to cut interest rates, which could affect liquidity in the short to mid-term,' Thakral added.
Live Events
Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin is consolidating near $106,000 after breaking out of a mid-term descending structure. 'A move above $107,500 could push it toward $110,000–112,000. If $106,000 fails, key supports lie at $105,500 and $104,000,' she said, adding that current price action reflects a trend of higher highs and higher lows with whales accumulating and long-term holders staying firm.
On Ethereum, Sehgal said, 'It has recovered from $2,160 and is now near $2,440. A breakout above $2,520 could target $2,650–2,800, while support lies at $2,320–2,360.' She also highlighted ETF inflows on 24/06, where $588.6 million worth of Bitcoin and $71.3 million in Ethereum were bought, suggesting continued institutional appetite.
Edul Patel, Co-founder and CEO of Mudrex, said Bitcoin is extending its upward momentum as bulls regain control. 'On-chain data shows a spike in Taker Buy volume, indicating strong conviction from aggressive buyers,' he said. 'Dovish Fed commentary on recession and rate cuts has also lifted sentiment.'
Patel sees the $104,400 level as strong support, with a possible breakout above $108,000 if buying continues.
Himanshu Maradiya, Founder and Chairman of CIFDAQ, said that while Bitcoin and Ethereum have bounced back, the more significant action is happening in stablecoins. 'Circle's market cap briefly surpassed Coinbase's, and Tether—fresh off $13.7 billion in profits—is building a U.S.-native stablecoin while complying with the GENIUS Act,' he said.
'Tether now holds over 100,000 BTC and is positioning itself as a global mining force. This signals a maturing digital economy where infrastructure—not just prices—will define long-term value,' Maradiya added.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
24 minutes ago
- Time of India
Is Bitcoin the new gold? Analyst predicts 10x surge within a decade — or even sooner
Could Bitcoin one day match gold in market value? According to a popular crypto analyst known as @Innerdevcrypto on social media platform X (formerly Twitter), that's not just a dream, it will become a reality within the next five to ten years or sooner, as per a report. Bitcoin Hits All-Time High as Analysts Turn More Bullish As Bitcoin recently hit an all-time high of $123,091.61 on July 14, many investors and market watchers have turned even more bullish, according to The Street. But for @Innerdevcrypto, this belief isn't new, the long-time crypto trader said that they've been convinced Bitcoin would one day rival gold ever since they truly grasped its potential, when BTC was priced at just $400, as reported by The Street. Explore courses from Top Institutes in Select a Course Category Data Analytics MBA Public Policy PGDM Others Degree Design Thinking Data Science others Operations Management Leadership Product Management Management Digital Marketing CXO Data Science MCA healthcare Technology Finance Healthcare Cybersecurity Project Management Artificial Intelligence Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details BTC, Risks, Taking Profit (long post) Bitcoin will hit the same marketcap as least I have been convinced of that since the day i really understood bitcoin (at 400$) while buying ethereum at 6$ and other playing with alts to get more bitcoin. Told people it would go…— Innerdevcrypto (@Innerdevcrypto) July 14, 2025 Digital Gold vs. Real Gold: Which Wins in the Long Run? The analyst wrote in an X post, "Bitcoin will hit the same marketcap as least I have been convinced of that since the day i really understood bitcoin (at 400$)," adding that, "Still think a x10 from here (within the next 5 to 10 years or sooner) is totally possible," as per @Innerdevcrypto's X post. The analysis comes as gold has climbed 35% over the past year, and Bitcoin has more than doubled, soaring 85% in the same time period, as reported by The Street. That kind of performance only adds fuel to the idea that Bitcoin, which is also called "digital gold," could one day match or even exceed the precious metal's roughly $22.549 trillion market cap, as estimated by the Companiesmarketcap report. ALSO READ: PepsiCo stock spikes over 6% after crushing revenue estimates — stock nears 3-month high Live Events @Innerdevcrypto believes it's entirely possible for Bitcoin to rise 10x in the next five to ten years, or perhaps even sooner, despite ongoing scepticism, as per The Street. The analyst pointed out that, every time they said Bitcoin would reach $10,000, $100,000, or $1 million, people called them "insane," according to the X post. The analyst even highlighted that, "In a digital globalized world, it is even superior to gold in my humble opinion, but obviously there are still some risks to address," as quoted in the X post. However, @Innerdevcrypto underlined risks related to security and quantum computing that they predict will hopefully be addressed by programmers, according to The Street report. Even Crypto Bulls Advise Caution: A 30% Correction Is Likely Still, the trader isn't advising people to blindly hold, as despite their long-term conviction, they warned followers to be ready for a 30% drop in Bitcoin and even sharper declines of 50% or more in altcoins (any cryptocurrency that isn't BTC), as reported by The Street. The trader's advice is to not ignore profits, saying, "if you are not rich yet: TAKE OUT ENOUGH. How many cycles does one has to see the same thing happen to finally understand to take out enough on the way up," as quoted in the X post. But the analyst said they would keep holding Bitcoin, as they wrote, "Personally i will just sit back and hold bitcoin, help as many people as i can while knowing that everything is exactly as it should be," as per the X post. ALSO READ: Uber and Lucid team up to launch Robotaxis — 20,000 driverless cars to hit US, set to take on Tesla and Waymo in 2025 Top Altcoin and NFT Picks from the Analyst @Innerdevcrypto also recommended altcoins such as HYPE, FARTCOIN, SUI, SOL, and KEETA, and non-fungible tokens (NFTs) like Pudgy Penguins that have performed well this cycle, as reported by The Street. An NFT is defined as a unique digital asset that represents ownership of a specific item, like art, music, or virtual goods, as explained in the report. FAQs Is it really possible for Bitcoin to match gold's market cap? According to analysts like @Innerdevcrypto, Bitcoin could one day match or surpass gold's approximately $22.5 trillion market cap. Why is Bitcoin compared to gold? Both are considered stores of value, but Bitcoin is often called digital gold for its scarcity and global accessibility.
Time of India
26 minutes ago
- Time of India
Nuvoco Vistas Q1 profit surges to Rs 133 crore on higher sales, flat costs
Nuvoco Vistas Corp saw a multi-fold jump in its consolidated profit for the June quarter helped by a near 9% increase in revenue from operations, while expenses remained largely unchanged. The east India-based cement producer's bottomline surged to Rs 133.16 crore as compared to 2.84 crore a year ago. Consolidated revenue from operations stood at Rs 2,872.70 crore for the quarter, up from Rs 2,636.48 crore a year ago. Explore courses from Top Institutes in Select a Course Category Artificial Intelligence PGDM Project Management Product Management Data Analytics Leadership healthcare Data Science Finance Others Data Science Management CXO others MCA Degree Public Policy Design Thinking Digital Marketing Cybersecurity Technology Operations Management Healthcare MBA Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo Total expenses for the period stood at Rs 2,685.90 crore as compared to Rs 2,635.91 crore in the year-ago period. The company sold 5.1 million tonne of cement during the quarter, while its earnings before interest, tax, depreciation and amortization was the highest ever for the first quarter at Rs 533 crore. 'The company witnessed healthy volume growth during the quarter,' managing director Jayakumar Krishnaswamy said. 'It maintained a sharp focus on premiumisation and trade mix, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA in the Company's history.' Consolidated operating margins for the quarter improved by 510 basis points to 18.35% from a year ago. Live Events The company recently acquired Vadraj Cement, and said that the plants at Kutch and Surat will be operationalized by the third quarter of 2026 – 27 (Apr-Mar). On a like-to-like basis, the company has reduced its debt to Rs 3,474 crore at the end of the June quarter from Rs 4,358 crore a year ago. This excludes the debt the company will be taking for the acquisition of Vadraj. The buyout of Vadraj will be funded with long-term debt limited to Rs 600 crore, and the remaining through short-term bridge financing of Rs 1,200 crore, the company said in its investor presentation. Nuvoco Vistas Corp is currently the fifth-largest producer of cement in the country with a capacity of 25 million tonne. This will increase to 31 million once the plants from the buyout of Vadraj are operationalised in fiscal 2027. The company reported its earnings after market hours on Thursday, and its shares closed at Rs 382.65 rupees on the BSE, up 1.7% from the previous close.
Economic Times
29 minutes ago
- Economic Times
Bitcoin at $250,000? Analyst who called every cycle since 2017 says it's coming — here's his playbook
Reuters Bitcoin price prediction 2025 is gaining attention as Ran Neer reveals his bold $250K target. Backed by historical patterns and macro trends, he shares why this crypto cycle could be different—and how smart investors can prepare for the next surge. Bitcoin price prediction 2025: Crypto veteran Ran Neer sees $250K surge as new bull cycle intensifies- Bitcoin price prediction 2025 is turning heads after crypto expert Ran Neer—who's accurately called every crypto cycle since 2017—laid out his bold vision for the months ahead. With Bitcoin trading close to its all-time highs and major macro shifts in play, Neer believes we could be entering 'the most aggressive part of the bull market' right now. And if history repeats, Bitcoin could hit $200,000–$250,000 by the end of this year. Neer, the man behind the world's first televised crypto show and the founder of CryptoBanter, says the market is following a familiar four-year pattern. But this time, the cycle might not just be short and explosive—it could also last longer, with a more sustainable rally that pushes BTC toward $300,000. Here's a closer look at his blueprint and why he thinks this cycle could be different. Ran Neuner's entire thesis is built on the four-year crypto market cycle, which is largely based on Bitcoin's halving schedule. Each halving—when the block reward is cut in half—historically sparks a strong bull run about 12–18 months later. Previous cycle tops: December 2017: ~$19,800 November 2021: ~$69,000 Next predicted top: Late 2025 — potentially between $200K and $300K According to Neuner, we're entering the 'most aggressive' phase of the current cycle, and Bitcoin could accelerate toward the $250,000 mark if macro and retail conditions align. Neuner outlines two potential scenarios: Aggressive cycle (shorter timeframe): Bitcoin peaks between $200K and $250K by late 2025, similar to 2017's pattern. Bitcoin peaks similar to 2017's pattern. Extended cycle (longer runway): Bitcoin pushes even higher, possibly near $300,000, by early 2026 if momentum stretches out gradually like the 2021 cycle. According to Neer, crypto markets have a tendency to follow a predictable rhythm: a four-year cycle. Past bull runs peaked in December 2017 and again in November 2021. If that pattern holds, we're on track for a 2024 peak—possibly by November. Neer says signs are already pointing to this: rising retail interest, more YouTube engagement, and altcoins starting to outperform Bitcoin. These, he explains, are the traditional markers of an approaching cycle top. But he isn't necessarily hoping for a quick climax. A more gradual and prolonged rally could send prices even higher—possibly up to $300,000. Instead of just price targets, Neuner uses behavioral and macro indicators to anticipate the market's peak: Increased YouTube crypto searches Crypto apps rising in app store rankings Rising Google Trends data for 'Bitcoin' and 'Altcoin' When altcoins match or exceed Bitcoin in open interest, it's often a sign of 'peak euphoria' In 2021, altcoin over-leverage marked the final stages of the bull run The return of retail euphoria is often a sign the bull market is maturing Meme coins, NFTs, and speculative tokens pump aggressively near cycle tops A major piece of Neer's prediction ties into broader economic changes. The U.S. recently approved a massive $4 trillion debt ceiling expansion. That means more money entering the system—money that could easily flow into risk assets like Bitcoin. Combine that with potential interest rate cuts and a Trump-led administration avoiding new tariffs, and you've got what Neer calls 'a very, very, very good scenario' for crypto. A weakening U.S. dollar would only add fuel to the fire as global investors shift their capital to digital assets that aren't tied to any one government. Neuner argues that macro conditions in 2025 are highly favorable for crypto: US Debt ceiling expansion: Over $4 trillion in new liquidity injected into the financial system Over in new liquidity injected into the financial system Fed rate cuts expected: Dovish monetary policy could weaken the dollar and push investors toward scarce assets Dovish monetary policy could weaken the dollar and push investors toward scarce assets Bitcoin ETF flows surging: Institutional demand has been steady since the approval of spot Bitcoin ETFs in early 2024 The US Dollar Index (DXY) has dropped from 106 in early 2024 to 101.2 in July 2025, showing weakening strength—often bullish for Bitcoin. While Bitcoin grabs headlines, Neer warns that this altcoin cycle won't look like those of the past. There are now thousands of altcoins, making it impossible for all of them to rise together. Instead, he expects the market to break into three categories: Bitcoin – the foundation of the market – the foundation of the market Institutional and DeFi coins – including Layer 1 platforms like Ethereum, Solana, and Sui, plus DEXs and lending protocols – including Layer 1 platforms like Ethereum, Solana, and Sui, plus DEXs and lending protocols 'Zombie coins' – tokens with no real use case or adoption that won't recover – tokens with no real use case or adoption that won't recover Memecoin casinos – high-risk plays for retail chasing quick 10x returns In short, smart money will likely flow into a small group of solid projects, not across the board. Neer's investment approach has shifted over the years from high-risk bets to what he now calls a 'conservative' but high-upside strategy. His current portfolio looks like this: 20% Bitcoin 25% crypto-related stocks like MicroStrategy (NASDAQ:MSTR), Coinbase (NASDAQ:COIN), and Robinhood (NASDAQ:HOOD), which have outperformed many tokens like MicroStrategy (NASDAQ:MSTR), Coinbase (NASDAQ:COIN), and Robinhood (NASDAQ:HOOD), which have outperformed many tokens Heavy allocation to Layer 1 chains and decentralized exchanges, including platforms like Hyperliquid, Radium (which he believes has an 'easy 5x potential'), and Aerodrome on Coinbase's Base network According to Neer, trading activity will always happen somewhere, and DEXs are the infrastructure that will benefit regardless of market trends. Ran Neuner isn't the only one calling for a massive Bitcoin move. Here's how his target stacks up: Source 2025 Price Target Comments Ran Neuner $250K (base), $300K (max) Based on cycle momentum, macro, and retail behavior Charles Edwards (Capriole) $250K (best-case) Using Bitcoin Energy Value + 2x valuation Expert Panel Avg: $144,000 High: $250K Survey of 40+ fintech and crypto analysts Standard Chartered Bank $150K Driven by ETF demand and institutional inflows Cathie Wood (ARK Invest) $600K–$1M (by 2030) Long-term, innovation-driven projection Beyond price predictions and portfolio picks, Neer emphasizes a deeper lesson: survival. In his 'tortoise vs hare' analogy, he contrasts two types of investors: The hares chase the hottest trends—AI tokens, new L1s, memecoins—and often show flashy gains early on The tortoises stick to long-term strategies and projects with real value—they don't make as much noise, but they tend to keep more of their profits by the end of the cycle 'Crypto is not about how much money you make,' Neer says. 'It's about how much money you end up keeping.' With momentum building, the Bitcoin price prediction of $250,000 by the end of 2024 doesn't sound as far-fetched as it once did. Neer's blueprint combines historical patterns, on-chain signals, and macroeconomic shifts to build a compelling case for a massive BTC breakout. Neuner's track record—calling tops and bottoms in 2017, 2019, 2021, and 2022—gives weight to his current thesis. And with macro tailwinds, institutional demand, and historical cycle timing lining up, $250,000 isn't just a moonshot—it may be a data-backed probability. If you're planning to ride this potential wave, make sure you: Watch macro signals (Fed moves, debt issuance, inflation) (Fed moves, debt issuance, inflation) Track retail sentiment (YouTube trends, altcoin leverage) (YouTube trends, altcoin leverage) Be prepared to exit early—don't try to time the exact top Whether this cycle ends with a short spike or a long, drawn-out rally, one thing is clear: smart positioning and disciplined strategy will separate winners from the rest. And with Bitcoin possibly targeting $250K or more, the next few months could prove to be a defining moment for crypto investors. Q1. What is Ran Neer's Bitcoin price prediction for 2025? Ran Neer predicts Bitcoin could reach $250,000 or more by the end of 2024. Q2. Which altcoins does Ran Neer recommend for this cycle? He suggests Layer 1s like Solana and Ethereum, plus DEX tokens like Radium and Aerodrome.
